IVV vs PEVC
iShares Core S&P 500 ETF vs Pacer PE/VC ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PEVC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $865.2B | $2M | |
| Dividend Yield | 1.09% | 4.33% | |
| Holdings | 508 | 222 | |
| YTD Return | +14.50% | +15.83% | |
| 1Y Return | +22.02% | +21.44% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 20.3% | |
| Max Drawdown | -56.5% | -28.9% | |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 3, 2025 |
IVV vs PEVC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer PE/VC ETF (PEVC) is a ETF from Pacer ETFs. Over the past year IVV returned +22.02% while PEVC returned +21.44%. Year to date, IVV is up 14.50% versus a gain of 15.83% for PEVC.
Risk: Volatility and Drawdowns
PEVC has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -28.9% for PEVC. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while PEVC charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.33% for PEVC.
Holdings Overlap
IVV and PEVC share 196 holdings out of 521 unique holdings combined, representing a 68.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, IVV or PEVC?
IVV has an expense ratio of 0.03% while PEVC charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or PEVC?
Over the past year IVV returned +22.02% vs +21.44% for PEVC, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs +22.86% for PEVC. Past performance does not guarantee future results.
Which is riskier, IVV or PEVC?
PEVC has been the more volatile fund at 20.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PEVC -28.9%.
Should I hold both IVV and PEVC?
IVV and PEVC have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and PEVC?
IVV and PEVC share 196 common holdings with a 68.4% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, IVV or PEVC?
IVV yields 1.09% while PEVC yields 4.33%, so PEVC currently pays the higher dividend yield.
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